• Law Abiding Citizens

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Should I take out a student loan?

UNC71-00

Mythic
Founder
My daughter is going to be a 2nd semester junior. I am contemplating taking out a student loan for her for this semester and next year and getting 10k of it immediately forgiven and then instantly pay the rest because I actually planned and saved money for the whole thing.

Might as well get in on the handouts the libs want to pass out, right?
 
My daughter is going to be a 2nd semester junior. I am contemplating taking out a student loan for her for this semester and next year and getting 10k of it immediately forgiven and then instantly pay the rest because I actually planned and saved money for the whole thing.

Might as well get in on the handouts the libs want to pass out, right?

Explain this 10K immediately forgiven part? I have a daughter who is a 2nd semester JR as well. Where do I get said loan and how do I get the 10K in immediate forgiveness for it?
 
Explain this 10K immediately forgiven part? I have a daughter who is a 2nd semester JR as well. Where do I get said loan and how do I get the 10K in immediate forgiveness for it?

details are sketchy but that’s what the libs are floating out there.

worst case scenario is take out the loan, no forgiveness and pay it back before interest starts to accrue at graduation
 

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